Tridhya Tech Limited incorporated in 2018 primarily focuses on full-service software development, offering comprehensive IT services and resources. The company provides turnkey consultancy services to various industries, including e-commerce, real estate, transportation and logistics, insurance, and others. Their service offerings encompass e-commerce development, enterprise content management, bespoke web management, mobile app development, API development, product support and maintenance, front-end development, and graphic design.
Tridhya Tech Limited develops customized software solutions from inception to final implementation and provides clients with post-deployment support. Tridhya Tech Limited also offers project management, counseling, maintenance, and support services to assure project completion and software longevity.
Tridhya Tech Limited has adopted an inorganic expansion strategy by purchasing other software development firms. The company obtained 100% stake in Concentric IT Services Private Limited (Concentric) in January 2022. Tridhya Tech Limited expanded its portfolio further in December 2022 by acquiring Basilroot Technologies Private Limited (BTPL) and Vedity Software Private Limited (Vedity), both software development companies, through full equity purchases.
Tridhya Tech Limited has established a strong presence in the market :
INTERNATIONAL MARKET DOMESTIC MARKET
- Australia
- Canada
- Estonia
- France
- Germany
- Israel
- Italy
- Japan
- Mauritius
- Netherlands
- Qatar
- Singapore
- Switzerland
- United Arab Emirates
- United Kingdom
- United States
- Maharashtra
- Gujarat
- Punjab
- Telangana
- Karnataka
The company’s service offerings can be categorized into two main areas: IT Solutions Development & Maintenance Services (time-based income) and IT Staff Augmentation (fixed basis income). Under IT Solutions Development & Maintenance Services, Tridhya Tech Limited provides services such as e-commerce development, enterprise content management, bespoke web management, mobile app development, API development, product support and maintenance, front-end development, and graphic design. IT Staff Augmentation involves contracting with a third-party provider to supply specialized IT personnel to supplement the company’s existing.
Tridhya Tech Limited IPO Complete Details:
| IPO Date | 30 June 2023 to 05 July 2023 |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Face Value | 10 Rs. Per Share |
| Price | 35 to 42 Rs. |
| Lot Size | 3000 |
| Issue Size | 6,288,000 shares (Rs.26.41 Cr) |
| Fresh Issue | 6,288,000 shares (Rs.26.41 Cr) |
| Listing Date | 13 July 2023 |
Tridhya Tech Limited IPO Timetable:
| Activity | Date* |
|---|---|
| Opening Date | 30 June 2023 |
| Closing Date | 05 July 2023 |
| Allotment | 10 July 2023 |
| Initiation of Refunds | 11 July 2023 |
| Credit of Shares to Demat Account | 12 July 2023 |
| Listing Date | 13 July 2023 |
Company Financial Details:
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Borrowings |
|---|---|---|---|---|---|
| 31 March 2022 | 2,548.77 | 1,407.48 | 339.46 | 1,457.98 | 705.46 |
| 31 December 2022 | 5,969.66 | 1,507.92 | 284.97 | 2,030.66 | 3,090.04 |
AS OF NOW, the GMP OF Tridhya Tech Limited is Around 10 Rs.